Professional Services Automation Software Market Scope
Professional Services Automation Software is a type of project management software for companies that need to plan, track, and invoice client projects.Professional services automation software is designed for professional service organizations that need to streamline their operations and automate certain processes, including new-business generation, service delivery and administration. PSA software is essentially an Enterprise Resource Planning software for a service-oriented firm, so as such it focuses mainly on managing services delivered by human resources rather than the tangible assets other types of company might use. PSA applications is also help professional services providers manage client engagements throughout the project lifecycle.
The Professional Services Automation Software market study is segmented, by Application (Small and Medium Enterprises (SMEs) and Large Enterprises) and major geographies with country level break-up.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Microsoft Corporation (United States), Bigtime Software (United States), Kimble Applications (United Kingdom), MAVENLINK (United States), ConnectWise (United States), Oracle (United States), FinancialForce (United States), Avaza (Australia), Projector PSA (United States) and Datto (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Replicon (United States), Function Point Productivity Software (Canada), Clarizen (United States) and Accelo (United States).
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
AMA Research has segmented the market of Global Professional Services Automation Software market by Type, Application and Region.
On the basis of geography, the market of Professional Services Automation Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
On 4 April 2019 Upland Software, a provider of cloud-based enterprise work management software, launched Upland Professional Services Automation (PSA) with proposal automation, voice of the customer and employee surveys, customer reference management, and insights-driven business intelligence.
- High Investment In Core Technology
- Extension Of Machine Learning Technology And Artificial Intelligence
- Growth Of Digitalized And Automated Solutions Including Cloud Based Business Model
- Lack Of Proficiency In Operating And Upgrading The Software
- Fierce Competitive Pressure
Key Target AudienceProfessional Services Automation Software Provider, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
Frequently Asked Questions (FAQ):
1. Is it possible to have certain customization in the study?
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a study that suits your business objectives.
2. How big is the Professional Services Automation Software Market?
Yes, the study does represent market size by key business segment, application/end users and major geographies forecasted till 2026.